RenX Enterprises Completes Purchase of Komptech Crambo Shredder and Diamond Z Horizontal Grinder Following Strong Operating PerformanceMIAMI, FL, Jan. 07, 2026 (GLOBE NEWSWIRE) -- RenX Enterprises, Inc. (the “Company”) (
NASDAQ: RENX), formerly known as Safe and Green Development Corporation, today announced that it has completed the purchase of a Komptech Crambo shredder and a Diamond Z horizontal grinder that had previously been deployed under a rental arrangement. The Company elected to acquire the equipment following a review of operating results demonstrating increased throughput, improved processing efficiency, and incremental revenue contribution during the rental period. A photograph of the Company’s Diamond Z horizontal grinder currently operating within RenX’s materials processing operations is included below.
RenX Enterprises Completes Debt Restructuring, Transfers Lago Vista Property to Lender for Conditional $5.0 Million Valuation Strengthening Balance Sheet and Advancing Strategic Focus on Resource GroupMIAMI, FL , Jan. 06, 2026 (GLOBE NEWSWIRE) -- RenX Enterprises, Inc. (“RenX” or the “Company”) (
NASDAQ: RENX), formerly known as Safe and Green Development Corporation, today announced the restructuring of the Company’s approximately $7.0 million outstanding secured note on its Lago Vista, Texas property. Under the restructuring, in exchange for the transfer of title to the Lago Vista, Texas property to the Company’s lender, the lender agreed to conditionally extinguish $5.0 million of the secured note subject to the provisions of the agreement which provide, among other things, for the sale of the Lago Vista property by the lender. The transaction represents a meaningful step in RenX’s strategy to reduce interest expense, validate underlying legacy real estate asset value, and continue the Company’s transition toward an operating model centered on Resource Group.
RenX Enterprises Expands Sustainable Growing Media Initiative Utilizing Ara Partners–Backed Microtec TechnologyMIAMI, FL, Dec. 22, 2025 (GLOBE NEWSWIRE) -- RenX Enterprises, Inc. (
NASDAQ: RENX) today provided an update on the advancement of its previously disclosed sustainable growing media initiative. The initiative leverages advanced milling and materials-engineering technology from Microtec Development & Holdings (“Microtec”), a company that was acquired by Ara Partners earlier this year. The Company maintains an exclusive license from Microtec for use of the technology in biomass applications in the US.
